The Eastern Mediterranean Energy Bonanza: A Piece in the Regional and Global Geopolitical Puzzle, and the Role of the European Union
This article examines current energy-related disputes in the Eastern Mediterranean. It does so by situating them in the context of the Middle East’s broader geopolitical landscape and by showing how global powers’ interests and involvement have become contingent on the international and regional pol...
Main Authors: | , |
---|---|
Format: | Article |
Language: | English |
Published: |
De Gruyter
2022-09-01
|
Series: | Comparative Southeast European Studies |
Subjects: | |
Online Access: | https://doi.org/10.1515/soeu-2022-0036 |
_version_ | 1797989292127027200 |
---|---|
author | Badarin Emile Schumacher Tobias |
author_facet | Badarin Emile Schumacher Tobias |
author_sort | Badarin Emile |
collection | DOAJ |
description | This article examines current energy-related disputes in the Eastern Mediterranean. It does so by situating them in the context of the Middle East’s broader geopolitical landscape and by showing how global powers’ interests and involvement have become contingent on the international and regional political environments. The latter augmented the intensity of the contestation and helped move identifiable and tangible factors, such as Exclusive Economic Zones, into the imaginative realms of geopolitics. They also provided the concerned actors with opportunities to balance out their adversaries and, by implication, diminished their willingness to compromise. Although the global powers’ interest in Eastern Mediterranean energy resources is limited, the European Union does have interests in these reserves and related aspects. The fact that the monetisation of these resources is highly dependent on the EU market provides the EU with an immense amount of “buyer power” to stabilise the region and potentially balance the fears of both Greece and Turkey. |
first_indexed | 2024-04-11T08:17:59Z |
format | Article |
id | doaj.art-4bffadb2e2914b20a31351cd6bdc3199 |
institution | Directory Open Access Journal |
issn | 2701-8199 2701-8202 |
language | English |
last_indexed | 2024-04-11T08:17:59Z |
publishDate | 2022-09-01 |
publisher | De Gruyter |
record_format | Article |
series | Comparative Southeast European Studies |
spelling | doaj.art-4bffadb2e2914b20a31351cd6bdc31992022-12-22T04:35:04ZengDe GruyterComparative Southeast European Studies2701-81992701-82022022-09-0170341443810.1515/soeu-2022-0036The Eastern Mediterranean Energy Bonanza: A Piece in the Regional and Global Geopolitical Puzzle, and the Role of the European UnionBadarin Emile0Schumacher Tobias1College of Europe, Natolin (Warsaw), PolandNorwegian University of Science and Technology (NTNU), Trondheim, NorwayThis article examines current energy-related disputes in the Eastern Mediterranean. It does so by situating them in the context of the Middle East’s broader geopolitical landscape and by showing how global powers’ interests and involvement have become contingent on the international and regional political environments. The latter augmented the intensity of the contestation and helped move identifiable and tangible factors, such as Exclusive Economic Zones, into the imaginative realms of geopolitics. They also provided the concerned actors with opportunities to balance out their adversaries and, by implication, diminished their willingness to compromise. Although the global powers’ interest in Eastern Mediterranean energy resources is limited, the European Union does have interests in these reserves and related aspects. The fact that the monetisation of these resources is highly dependent on the EU market provides the EU with an immense amount of “buyer power” to stabilise the region and potentially balance the fears of both Greece and Turkey.https://doi.org/10.1515/soeu-2022-0036eastern mediterraneannatural gasmaritime bordersmiddle east geopoliticseuropean union |
spellingShingle | Badarin Emile Schumacher Tobias The Eastern Mediterranean Energy Bonanza: A Piece in the Regional and Global Geopolitical Puzzle, and the Role of the European Union Comparative Southeast European Studies eastern mediterranean natural gas maritime borders middle east geopolitics european union |
title | The Eastern Mediterranean Energy Bonanza: A Piece in the Regional and Global Geopolitical Puzzle, and the Role of the European Union |
title_full | The Eastern Mediterranean Energy Bonanza: A Piece in the Regional and Global Geopolitical Puzzle, and the Role of the European Union |
title_fullStr | The Eastern Mediterranean Energy Bonanza: A Piece in the Regional and Global Geopolitical Puzzle, and the Role of the European Union |
title_full_unstemmed | The Eastern Mediterranean Energy Bonanza: A Piece in the Regional and Global Geopolitical Puzzle, and the Role of the European Union |
title_short | The Eastern Mediterranean Energy Bonanza: A Piece in the Regional and Global Geopolitical Puzzle, and the Role of the European Union |
title_sort | eastern mediterranean energy bonanza a piece in the regional and global geopolitical puzzle and the role of the european union |
topic | eastern mediterranean natural gas maritime borders middle east geopolitics european union |
url | https://doi.org/10.1515/soeu-2022-0036 |
work_keys_str_mv | AT badarinemile theeasternmediterraneanenergybonanzaapieceintheregionalandglobalgeopoliticalpuzzleandtheroleoftheeuropeanunion AT schumachertobias theeasternmediterraneanenergybonanzaapieceintheregionalandglobalgeopoliticalpuzzleandtheroleoftheeuropeanunion AT badarinemile easternmediterraneanenergybonanzaapieceintheregionalandglobalgeopoliticalpuzzleandtheroleoftheeuropeanunion AT schumachertobias easternmediterraneanenergybonanzaapieceintheregionalandglobalgeopoliticalpuzzleandtheroleoftheeuropeanunion |